Global Center Pivot Irrigation Systems Market
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- Date Submitted: 09/16/2016 11:15 PM
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Bharat Book Bureau provides the report, on “Global Center Pivot Irrigation Systems Market”. https://www.bharatbook.com/agriculture-market-research-reports-783814/center-pivot-irrigation-systems-crop-type-component-global-forecast.html This Report provide detailed information about the key factors influencing the growth of the market.
Bharatbook.com announces a report on “Global Center Pivot Irrigation Systems Market”. This Report enhanced yield is required to feed the growing population and meet the demand of the feed and biofuel industry.
Center pivot irrigation systems market is projected to grow at a CAGR of 14.9%
The center pivot irrigation systems market, estimated at USD 941.0 million in 2015, is projected to grow at a CAGR of 14.9%, to reach USD 1,734.4 million by 2021. The market is primarily driven by factors such as increasing water scarcity in most of the regions of the world, increasing demand for food, conversion of unirrigated lands into mechanized irrigation, and improved crop production with the use of center pivot irrigation systems.
Cereals segment led the market in crop type with the largest share in 2015
On the basis of crop type, the center pivot irrigation systems market is led by the cereals segment, followed by oilseeds & pulses. Cereals are being grown with the use of center pivot irrigation since it enhances the yield. This enhanced yield is required to feed the growing population and meet the demand of the feed and biofuel industry. Owing to the demand for feed, food, and biofuels, the cereal crop segment is projected to grow at the fastest CAGR from 2016 to 2021.
Large field segment led the market in field size with the largest share in 2015
The demand for center pivot irrigation systems has been segmented on the basis of field size into small field (up to 3 hectares), medium field (3 hectares to 25 hectares), and large field (more than 25 hectares). Irrigating the cereals and pulses on a large field is more economic...
Bharatbook.com announces a report on “Global Center Pivot Irrigation Systems Market”. This Report enhanced yield is required to feed the growing population and meet the demand of the feed and biofuel industry.
Center pivot irrigation systems market is projected to grow at a CAGR of 14.9%
The center pivot irrigation systems market, estimated at USD 941.0 million in 2015, is projected to grow at a CAGR of 14.9%, to reach USD 1,734.4 million by 2021. The market is primarily driven by factors such as increasing water scarcity in most of the regions of the world, increasing demand for food, conversion of unirrigated lands into mechanized irrigation, and improved crop production with the use of center pivot irrigation systems.
Cereals segment led the market in crop type with the largest share in 2015
On the basis of crop type, the center pivot irrigation systems market is led by the cereals segment, followed by oilseeds & pulses. Cereals are being grown with the use of center pivot irrigation since it enhances the yield. This enhanced yield is required to feed the growing population and meet the demand of the feed and biofuel industry. Owing to the demand for feed, food, and biofuels, the cereal crop segment is projected to grow at the fastest CAGR from 2016 to 2021.
Large field segment led the market in field size with the largest share in 2015
The demand for center pivot irrigation systems has been segmented on the basis of field size into small field (up to 3 hectares), medium field (3 hectares to 25 hectares), and large field (more than 25 hectares). Irrigating the cereals and pulses on a large field is more economic...